Using Pennies to Keep Big Ben Accurate Makes Good Cents

Aside from the monarchy, one would be hard-pressed to think of anything more iconically British than the clock in the Elizabeth Tower of Westminster Palace. Its massive bell, Big Ben, has been keeping Londoners on time for over 150 years. In fact, it has maintained almost freakishly accurate time. It is the biggest, most accurate four-faced... Continue Reading →

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Banking on Italian Values and the American Dream

Amadeo P. Giannini was proud of the Italian heritage he inherited from his immigrant parents. Although born in California as an American citizen, Giannini was raised to value the culture of his family’s homeland. That’s why he chose the name Bank of Italy for the financial institution he founded on October 17, 1904. This San... Continue Reading →

No Touchdowns for Financial Maturity Among NFL Players

The average career of a National Football League (NFL) player is slightly more than three years. In those years, the average earnings is about $4 million after taxes. Despite this impressive amount in a relatively short amount of time, 78% of all former NFL players are bankrupt or nearly so within three years of ending... Continue Reading →

The Getty Kidnapping: How Much is a Grandson’s Life Worth?

  Jean Paul Getty (1892-1976) was one of the wealthiest man in the world. In 1966 the Guinness Book of Records named him as the wealthiest man on the planet with a fortune of $1.2 billion ($9.1 billion in 2017). He earned his fortune in the oil business, and in 1996 The Wealthy 100 ranked him as the 67th... Continue Reading →

Benjamin Franklin and the Bequest Made From a Dare

Benjamin Franklin (1706-1790) has been credited with calling compound interest the eighth wonder of the world. Whether he actually said that is a matter of debate, but the fact that he believed it is undisputed. When Charles-Joseph Mathon de la Cour wrote a parody of Franklin’s Almanac called Fortunate Richard, he attempted to make fun... Continue Reading →

Tooth Fairy Budget Grows by an Arm and a Leg

Where does the Tooth Fairy get all that money she leaves under children's pillows? The original source of that wealth remains a mystery, but the evidence suggests that she keeps it invested in the U.S. stock market. Delta Dental has tracked Tooth Fairy payouts since 1998. The results show an uncanny correlation with the S&P... Continue Reading →

The Ultimate Rental House Fixer-Upper

As President Harry Truman's daughter, Margaret, played the piano one day, she was startled as one leg of the piano suddenly dropped through the floor of the White House residential level. Engineers were called in to see what was going on, and the report was nothing short of alarming. The 150-year-old mansion was in desperate... Continue Reading →

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